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The 24/7 Wall St./Flame Index: March 23 Companies With The Worst Press
Published:
Delta (NYSE: DAL) suffered from bad press after its CEO noted the airline could lose $400 million in sales due to flight reductions to Japan. Honda was hurt by news that its Japan plants will not reopen on the schedule it had previously announced. Jabil Circuit posted earnings. Walgreen missed Wall St. earning’s estimates.
Note: The Flame Index scans thousands of news sites 24 hours per day and ranks companies getting the most negative press right now. The Flame Index Media Analysis Algorithm crunches the data for an up-to-the-minute ranking of the hardest-hit companies.The Flame Index started as a research tool in 2008 at the NY Innovation Design Lab (nyidlab). It was used as a general metric to evaluate companies and their risk in the media. Publicly traded Fortune 500 companies are used as a measure to calculate an overall market of negative news and the companies are ranked within that market
Rank | Company | Ticker | Score | Change in Rank | Comments |
---|---|---|---|---|---|
1 | GOOG | 68.363 | +9 | Competitor Baidu launches mobile browser | |
2 | Barnes & Noble | BKS | 59.996 | +1 | Takes company off the market |
3 | News Corp. | NWSA | 44.067 | +9 | Worries about MySpace sale |
4 | Toyota Motor Corporation | TM | 42.01 | +10 | Slow plant openings in Japan |
5 | Honda Motor Company | HMC | 38.948 | +83 | ditto |
6 | Freddie Mac | FMCC | 38.873 | -4 | Concerns about shuttering still high |
7 | Fannie Mae | FNMAS | 37.076 | -6 | ditto |
8 | Johnson & Johnson | JNJ | 36.481 | +7 | Violate consumer law |
9 | Amazon.com | AMZN | 35.502 | +53 | Sued by Apple over app store |
10 | Hewlett-Packard | HPQ | 33.518 | -5 | Concern about board nominees |
5 | Honda Motor Company | HMC | 38.948 | +83 | Slow plant openings |
17 | Delta Air-Lines | DAL | 27.395 | +127 | Drop in revenue from Japan routes |
18 | Walgreen | WAG | 27.234 | +422 | Weak earnings |
19 | Jabil Circuit | JBL | 27.159 | +669 | Earnings release |
25 | Chesapeake Energy | CHK | 25.969 | +97 | Work on Pennsylvania well stopped |
Data and ranking provided by the Flame Index.
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